Originally Posted by
puffy
I am stupid? Dude you not only don't know jack about economy, you are not very knowledgeable with interest rates from the previous threads. I wouldn't be talking.
PLUS, that was just my opinion and what I believe is happening.
hahaha
RB don't you work at a bank?
Originally Posted by
rebeld
the reason the USD is dropping right now, as in today, is because of the interest rate cut the federal govt just implemented. investors are shying away from the USD because they make less. The reason the euro is gaining ground currently is because there are rumors of rate hikes coming so investors are hopping on board hoping to cash in.
its not because they keep printing more and more money. give the US govt a lil credit they arent that stupid
pwn